Cozy Condo North Dallas

[Telless Cade]

Nice Condo/Townhome in Lake Highlands, Richardson ISD. Quiet area and well maintained complex. Currently tenanted at 1050 to March 2018 however per the current property manager tenant can be given notice to vacate due to condition. (pet damage). Comps are very straightforward. One sold for 120K, very basic and one sold for 132,500 updated. 10k in rehab will definitely get us to the 125K ARV.

Market rents are 1200 but keep in mind the HOA fee is 301 a mth.

Cost: 92,000

Rehab 10,000

Arv 125,000